▶ Your Answer : As the world is rapidly changing, there is a controversy over whether lending money to friends would be beneficial for the friendship. In the past, most people mistakenly regarded financial loans friends as the value by saying those who help their friends in need is true friends. However I strongly believe that it would be more harmful to borrow money from friends for their relationship. Since friends easily tend to forget the moeny they borrowed and the person who lends money do not easily ask his friends to pay back the money.
First of all, the close relationship is, the easier people forget the fact that they should pay money back. This is because people feel so comfortable with friends that they have less responsibility for owing money and giving it to their friends as soon as possible. According to a recent study clearly reveals that people have lower probability of paying back moeny when they borrowed it from their family and friends than when they borrowed it from the third party. The main reason of this is that people think that friends would understand even if they cannot rapidly return the moeny and so, they do not care much about paying back. Therefore people tend to leck of responsibility for the money that friends lended to them.
Second, the deeper the relationship is, the more difficult people require them to give their moeny back. This is because they are afraid of their friendship and they do not look like stringent ones. They do not want their friends to regard themselves as the ones who value the moeny more than friends. For instance, I lended some amount of money to my close friend when she asked me. At that time I did not say to her until when she should pay back since I believed she would pay my money back as soon as possible. Unlike I expected, it seemed that she had not thought of returning my money and did not for a whole month. Everytime I saw her, I would really like to ask her to pay back money but I hesitated to since it would damage to our friendship and she would think me as the one who moeny means more to me than frienship. However I could not put up with and when I reminded her of the debt, it turned out that she completely forgot. After all I received my money back but after that time I could not trust her as much as I did before.
In conclusion, I strongly argue that it would not be a good idea to lend money to your friends if you would like to keep the friendship closely for a long time. Since friends who borrowed money from you feel less guilty and obligation for paying back. In addition, it is hard for you to ask them to return it fast. On the whole it would be the best policy not to loan financially between friends. |